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3. To p!i.ee and eonlinvvv.ly ke*p on Ih. bvddi.'lI' now 0' h.r.afr.r .llv.'e on ..id '.nd .nd on all equipment and """on.lly eoye,ed by Ihi. ',)O,to-
age, wilh all p'emium. Iheraon paid in fvll, fi,. '",vrane. i... Ih. v.val "andard policy fo,m, in ! .urn a"preyed by Ihe MORTGAGEE, end ,,:",dtlor,,'
In.vrane. In Ih. v.val .Iand..d policy forrn, In e .vm approyed by Ihe MORTGAGEE, in .vch eomp.ny 0' eornp.ni.. II Ihe MORTGAGEE m.y
direcl. an<: .11 ri,. end wind.lo,m In.v,ene. policie. on eny of toid bvildlng., eny Inle,e" the'ein or p.rl Ih."of, in ,he '99reo.le .um .for...,d q
In ex~.u Ihereof, .h.1I conl.in Ih. 1.1.1.1.1 'I.nd.rd mO'lg.ge. c1av.e 0' .vc~ orhe, c1av.e II Ihe MorlOagee may requ,re, n,.k,ng Ihe Iou vnd~r ..,d pC"i.
elel, each and every, payable 10 ..Id MORTGAGEE II III lnle,e.1 may ~ppe.', and each .nd eyery IVch por,cy Ih.1I be promplly HI gn.d and del,yered ro
eny held by toid MORTGAGEE II furl he, .eeudly 10 uid mOtlgag. debl, and, nol Ie.. Ih.n len (10) day. in adyance of Ih. e.piration of each pol,c,. Iv de.
liver to .aid MORTGAGEE. re-newal thereof, tog. 1M' with. re<eipt for the premivm of such renew. I; and .here ,hall b~ no Lre or Wlndl'o!/n i(llur.snc~
pl.ee-<! on eny of Itld bvi!dinpl, eny Inle,..1 Ih.,eln or p.rl Ihereof, vnleu in Ihe form and with Ihe Iou p.y.b!e .. .fore.a;d; .,.d in Ihe .'enl eny 'Oln
of money beeom.. pay.ble under .uell policy Ot policle. ..id MORTGAGEE .h.1I haye the opl;on 10 ,ecei,.e .nd .ppl). Ihe ..me on .<<ounl of the indebkJ.
nen ,~urtd hereby or to permit laid MORTGAGORS to receive and vie it Or any PM' thereof tor oth"r f-iU(~0h.~). \...'h'J~'r Ih_,' tIt ....,tl.."') 0f j'I.j-l-lH'
Ing any eqvily, lien Of righl vnde' 0' by virlue of Ih;. mortgege; .nd in Ihe evenl ..id ....::>RTGAGORS .hall for eny re..on feil 10 hep the ..;c prem;... '0
insured. Of fail to ue:i___rr promptly any of 18id policies of insurance to laid MORTGAGEE. 0' h;1 promptly to pay fully any prt"110lurn therefor or in afl;
respect fall to perform, discharge. exe(u~e. ,ff.c', comple'., comply with .!Ind abide by Ih:, cO\r'en.:.nt, or any p~rt hereof, '_110 ,'.';~RTG..\G[: nHy pl.:~Ci~ ,)'0
pay for such insurance or any part ,hereof without waiving or affecting any option, lien, equity. or right under or b, virtue of this Mongage. .no The
fvll amovnt of 8Ich .nd e'..'y .veh paymenl Ih.1I be immediately dve and payable .nd 'h.!1 be.r j~tere.1 from Ihe date Ihereof vnld p..d .. :he r.re 01
nine p~t ct'ntum per annum and togelhe:' with lucn infefe" ,h~ll be secured by .he lien of this mortgage.
.4. To ~rmit. commit or suffer no WIlle, impairment or deterioration of I;sid property or any part thereof.
5. To pay all and lingular tho cosh. charges and expenses, including a reasonable attorney's fee and cost, of abstracts of titl~. incurred or r~id aT
eny lime by ..d MORTGAGEE, becav.e or in Ihe event of Ih. failure on the port of the I.id '\,ORTGAGOR 10 duly, pro."".ly .nd fuil., perforln, d,.(I>.,ge.
execute. effect, complete, comply With and abide by each and every the .tipulation" agreements, conditions, and coven~nU of s~ld prornionory note- ~r,d t~LiS
mortgage any or ei,her, and sa:d cOSll. dlarges and expenses, each ar.d ever)', shall be immediately due and pa')'db:cj ,^,h~lher or no: fh~re be nO!lce d~
mar.d, attempt to t:ollect or luit pending; and the full amount of each and every luch payment shall be,)r interelt from the d.ste thereof until p.j,d "t the
r,jt(. of nine per Ccnlum per annum; and ail s~id cOlts. charges "nd expenses incurted or paid, together WIth such interest. sh~ll be secured by the lien of th,.
mortgage.
6. Th.1 (0) in the event of .ny breoch of Ihi. Mortg.ge or defavll on 1M p.rl of Ihe MORTGAGOR, or (b) in .he evenl any of I.,d 'JIn' of money
herf"in rehrred 10 be not promptly and fully paid within thirty (JO) daiS n(')(1 alrer the same I~verally beco~e due and paiaL,!e, wJ!hout derl13;nd or nOl,C,,:",
or (c) :n the event e-<;':lch and every the- stipulations. agreements, condition, lnd covenants of ,aid promissory note and th,s mortgage t'lny or either are not
iuly, promptly and fully performed, d'lcharged. executed, effected. completed. compl,t'd with and abioC'd ,",y, then in eithN or "n; luch event the sad <39
gregate lum me~tioned in s5id promissory nole then remaining unpaid. with interest accfued. and dlJ moneYI secured hC'r....~)y. shail bt:come due 4nu p.3,.
abie forthwith, or thereafter. at the option of ,aid ^,'\OQTGAGEE, u #lJlly and completely al if ali of the laid sums of money were orlg:f\:l;ly st.pu.dh:J
to be plllld on such d~y, anything in laid promissory note or in this Mortgage to the contrary notwithstanding; and thereupon or therCdfter at the option of
laid MORTGAGEE, without notice or der.land, luit at law cr in equity. therefore or thereafter begun, may be prosecuted lU if all moneys secured he:eby
had matured prior to ill institution.
7. Th~t in the event that at the btg;nning of or lit any time pending any svir upon this Mortgage. or to foreclose it, or to rl..form ii, or 10 enforce
p!iyment of ~ny claims hereunder, laid MORTGAGEE shall apply to the Court having jL:risdiction thereof for Ihe ap~,Ojfl!ment of d Re:::l'i,......r. such CULlrt 1~'J~1
'ort.pwith appoint a recei'..-er of laid mortgaged property all and Singular, includ,ng all and singular the In corne, prohu, issues ar,d rC"CilV\:I horn ,...,h",T('Jcr
IQL1rce derived, eacn anu every of which. it being expressly undefllood, is hereby mortgaged al if Ipec;tjcdJly set forth and d(.scribi:d in the granfH19 dnd
habendum claus("s hereof, and such ~ecei..,.er shall have all 1he brOl!ld and effe<:tive funcl,ons and powers in any.....:u. entrusted bi d CO'Jrt to it Rl'c,_'lver. d"j
'\.teh appoinTmenl shlJll be made by such Court al an admitted equily and a matter of absolute right to so1id !.'\ORTGAGEE, and wilncut rcft!r("nce to tIle>
lIdequac,. or in.!dequacy of the valLie of the property mortg.Jged or to Ihe solvency or inso:vcncy of S"IU l'/,ORfSAGOR or tht.' dL"f'-_'I,d,,~~~s, ,jnu 'he"" SL,c.h
rents, profits. income, issues and revenuel Ihall b~ applied by ,ucn Rect;'iver according to the lien or equrt,. of Idld MORTGAGEE: and the pr('!cticc of s~.(h
Courl.
B. To dul,.. promptly and fully perform. dischuge, c..e-cu!e, effect, cornpletc, comply with and IIbide b'( cr3ch and everl the stirJu:ations. l!Igrec~T1~nfs.
conditions and CO'ienanrl in IJJd pr0missory note and this mortgage let forth.
9. That in the event the ownership of the mortgaged premiles, or any part thert'of. becomes vested in a person 01ner tn3n the M':JRTGAGOR, the
MORTGAGEE. its SVcc(.ssors and assigns, may. ......ithour notiCe to the t\'ORTGAOR. dc.al .....ith such luC(euor or s')cc(,ssor In lntt,:rv!lf ~',l1h r....tl.r'-.~1(:e to !hLS
mortgage and ,he debt hereby secured in the Sdme manner as wilh MOrl939or wiThout in an,. way viLJting or dlscn~~ging the M:Jr'g::'!go~s' lldUiidy h"_.re.
under or upon the de-bt hereb., Iccured, No saie of fhe premises hereby nortgaged and no f'rbeardnce 0:1 the pM! of The MORTGAGU: o~ It I S'..I(CCH()rS
or assigns and no extension of the time for the Pll',ment of Ihe debt hereb,' secured given b; the f/i.ORTGAGtE or its. SL'~ces.sors or 3".g:1S. ,ll~jl oi-,erdfe
to rele41I, discharge, modify change Of affect the or;g,rll!1 liability of the MORTGAGOR herein, either in whole or in parI.
.0. It ;, specifically agreed that timO' is of lhe enl:nce of tr.is COntracf ~nd that no waiver of to: y Ob!IlJ3f1on hu'!undN or of the ob~ig~tion ,~-
cured hereby shali at ant lirle Ihereafter be held to be a W~IVcr of the terml hert-of or of the instrument secur..-d herby'_
11. In t'ldd,f:Qn to the forcgo,ng /l:onfhly pdrlf'I~nrs of princ P31 and ir~t,-,r('!.' requited hi the pr0"~ H~)~1 100',:
,!nJ dgrecs 10 pal 'FJ mortgagee .....ith each rnor.th:y P"'il!lcnt an adddional lU'" eSf,:r.;!tcu Vj rno~tJ<'lJet: to h: equai to
ing:
~"(L.i',:,'d h~'~,.bl, rT1CY'UJ'J:Jr CQ'.'..:!1Jn's
1201 llll' drl"tJd; co~! at th,-. toi,o.',-
A- Ail rel'll propert.,. ta...es levl~d or aliened "YJi:1lf the above desuibt:"d real esta'e.
B. Prer.li:.J:l~l on fir.: and .....indstorn~ ,nlurdllce as herein rCClv.fcd to be (Mried 0,1 The i~~~f...~o"o:"-rents SlfUdf.-:, on ~h.! dhv..... d..~vli:,-,d ~'~l'P F~"S
C Prc.rniun's on suc.h rrortg~ge gU~P3nff insur~~~((' dS rn0~tg~3ec shail fro'~) 11r"C to 1:";~' d~'e'n fif 10 c..!rfy on th.' loHl s'_'(I,!fl.d t'.:r,'!Jt'.
,.~,ortgJg('~ sh~:i frorn tin:c to fHne r:oflf., rnortIJ3gor in ."...rltlng of the ,,~nOJ'lt dJt.' t'lr,d p'li<lL1c h.~~rl'und,-'r df1U !luc.h $.:).:) !lh.l J tfll're.....p::>n 1),: d'--'l' ".:d
p3,."b;c O~l the dve Olfeo of the r.(':o:t monthl'f payment dnd e.~ch succeuive :T'on~h tht'rCdfr,:r u,.td n:O'f'J(]'dee shill no:.f.; mU~~Y"':IJr of d C;\d!'~ll' ir1 ~,j'.h
('!nounf. Suc~ sums s~'J:1 be dPP:;ICd by marlgd~ce ta....drd the Pd,.ment of redl prvtJcrty 1d.l.t:\, ifHVfdlt(t.: Ilft..'II',VIl1S, onu n':.Jrl':J'.:l~'~ t) _cHdnt'f IfHlJr.Jn;:t..'
p~e"'lun,s,
here:.m!o set hi, h.Jnd and seo.:t! l~'e
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STATE OF FLORIDA
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COUNTY OF ___.-StA Lucie I ...,'.... ...
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Before me peroonally eppe.red ___~!,_~:':'...'~~_er _~~W_(,O~__ ,.; ,~ ........ Q)-itiUv
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-------- __ _)fU{.Xk};:lo me well knowP ~\.nown to _ n.. ~____
the individuals described in anrJ who executed the foregoing instrument. and .!c..nowledged befo:e me thdt they executed"~ :'fl'@ I)",~ piIf~~~s~, ~~
Iher~jn e.prelle-<!. ~X--- . . R '. '- ~ ' ~
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JI[IJtt<~D~QI.n1{~OCX~~JiliUOOlUfJ. 0.' '/ ~. ~""'. .,.... .
WITNESS my h.nd .nd offjciol .eal thil_.1_____ day of_ ___~__._~,- : ( .;'A,,~:)\-Q.
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1 .1. .~Jl ,1.:3 No..ry Public in .nd fo, the SI.te of Florid. .t Lorge
M, Comm;uion expires:
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B~:' l\l~"f in ~:",.,Jn i .;) (l'~ ,'.<)v. 3, 1 'F)'.:
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Filii Federal S.vin91 & Lo.n Ancei.Lon
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